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Almacenes Exito (FRA:7QX) Cyclically Adjusted FCF per Share : €1.87 (As of Mar. 2024)


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What is Almacenes Exito Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Almacenes Exito's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-1.233. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €1.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Almacenes Exito's average Cyclically Adjusted FCF Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Almacenes Exito was 2.00% per year. The lowest was 2.00% per year. And the median was 2.00% per year.

As of today (2024-06-19), Almacenes Exito's current stock price is €3.94. Almacenes Exito's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.87. Almacenes Exito's Cyclically Adjusted Price-to-FCF of today is 2.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Almacenes Exito was 6.63. The lowest was 2.30. And the median was 4.65.


Almacenes Exito Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Almacenes Exito's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Almacenes Exito Cyclically Adjusted FCF per Share Chart

Almacenes Exito Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.77

Almacenes Exito Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 1.77 1.87

Competitive Comparison of Almacenes Exito's Cyclically Adjusted FCF per Share

For the Department Stores subindustry, Almacenes Exito's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Almacenes Exito's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Almacenes Exito's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Almacenes Exito's Cyclically Adjusted Price-to-FCF falls into.



Almacenes Exito Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Almacenes Exito's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.233/131.7762*131.7762
=-1.233

Current CPI (Mar. 2024) = 131.7762.

Almacenes Exito Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.790 100.560 1.035
201409 5.437 100.428 7.134
201412 -3.159 99.070 -4.202
201503 -1.404 99.621 -1.857
201506 0.583 100.684 0.763
201509 4.451 100.392 5.842
201512 13.337 99.792 17.612
201603 -12.662 100.470 -16.607
201606 -0.575 101.688 -0.745
201609 0.275 101.861 0.356
201612 10.696 101.863 13.837
201703 -11.782 102.862 -15.094
201706 2.429 103.349 3.097
201709 -2.108 104.136 -2.668
201712 11.408 104.011 14.453
201803 -5.517 105.290 -6.905
201806 2.961 106.317 3.670
201809 -2.993 106.507 -3.703
201812 5.934 105.998 7.377
201903 -6.966 107.251 -8.559
201906 1.944 108.070 2.370
201909 -2.212 108.329 -2.691
201912 2.591 108.420 3.149
202003 -1.945 108.902 -2.354
202006 0.093 108.767 0.113
202009 -0.261 109.815 -0.313
202012 2.455 109.897 2.944
202103 -1.949 111.754 -2.298
202106 0.684 114.631 0.786
202109 -0.194 115.734 -0.221
202112 3.117 117.630 3.492
202203 -1.777 121.301 -1.930
202206 0.552 125.017 0.582
202209 -0.219 125.227 -0.230
202212 1.877 125.222 1.975
202303 -1.196 127.348 -1.238
202306 0.439 128.729 0.449
202309 -0.078 129.860 -0.079
202312 2.512 129.419 2.558
202403 -1.233 131.776 -1.233

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Almacenes Exito  (FRA:7QX) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Almacenes Exito's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.94/1.87
=2.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Almacenes Exito was 6.63. The lowest was 2.30. And the median was 4.65.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Almacenes Exito Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Almacenes Exito's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Almacenes Exito (FRA:7QX) Business Description

Traded in Other Exchanges
Address
Carrera 48 No. 32 B Sur 139, Avenida Las Vegas, Envigado, COL, 3479
Almacenes Exito SA is a Colombian retailer that operates in its homeland and overseas. The company operates stores under Grupo Exito in Colombia; Grupo Pao de Acucar in Brazil; Libertad in Argentina; and Disco, Devoto and Geant chains in Uruguay. Exito has a omnichannel, multiformat, and multibrand model. The company has e-commerce operations in Columbia under www.exito.com, www.carulla.com, and cdiscount.com.co, and in Brazil under Cnova.com. Its store offerings include groceries and food, clothing, home appliances, personal care products, and home-entertainment electronic and digital products.

Almacenes Exito (FRA:7QX) Headlines

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